forexforex broker

 

ibcfx screenshotNote: After facing some serious accusations and fraud files, the broker ceased its services.

IBCFX allows you to trade CFDs on stocks, indices and foreign exchange market in optimal trading environment, equipped with high security, intuitive design and quality customer support.

Trading Platforms

Mobile trading

The mobile app of the trading platforms is available for Android, Tablets, Iphone with instant execution, rates, real time charting tools and easy accessibility throughout the world. All the features  and benefits of the MetaTrader 4 platform is now in the palm of your hand.

WebTrader

IBCFX Webtrader provides traders with simplicity, ultimate functionality and accessibility from any computer with internet connection without the need to download any software.

MetaTrader 4

IBCFX reviews one of the most outstanding, award winning trading platforms MetaTrader 4. This platform provides all the features and customizable tools you ever need for successful trading experience. With high standard charting ability, the innovative platform allows you to trade, analyze and monitor your positions fast and efficiently.

Account Types

IBCFX reviews all the available account types and below you can find the comparison table: 

 

Mini

Classic

STP

 

VIP

 

Trading Platform

MetaTrader 4

MetaTrader 4

MetaTrader 4

 

MetaTrader 4

 

Web Trader

no

yes

no

 

yes

 

Mobile Trading

yes

yes

yes

 

yes

 

24 Hour Dealing Support

no

yes

yes

 

yes

 

Minimum Deposit

100 USD

500 USD

5,000 USD

 

5,000 USD

 

Maximum Deposit

Unlimited

Unlimited

Unlimited

 

Unlimited

 

Leverage

1:500

1:300

1:300

 

1:200

 

Spreads on major (EURUSD)

3 Pips

3 Pips

 0.6 Pips

 

2 - 1 Pips

 

Commission

None

None

yes

 

None

 

Stop Out

0%

0%

0%

 

0%

 

 

IBCFX broker also offers an account called Custom for traders with special requests and trading features. The account is suitable for traders who wish to design their own account with parameters most desirable for your trading styles. There is a minimum deposit of $5,000.

Islamic account (swap free account) in full compliance with Sharia Law are available for all the above mentioned accounts for traders with Islamic believes.

Demo account is available for practice and testing the strategies. The practice account is limited to 30 days. With demo account there is no capital at risk when trading. It features real-time quotes and charts, along with all the basic trading tools and all the information you will have access to as a customer, including single and contingent order types.

Trading Conditions

Traders have access to 160 financial instruments with low spreads. Accounts can be opened in USD or EUR currencies.

Floating spreads on major currency pair start from 0.6 pips. Maximum leverage is up to 1:500.

CURRENCY

SPREAD

AUD/CAD

8

AUD/CHF

8

AUD/JPY

6

AUD/NZD

14

AUD/USD

4

CAD/CHF

10

CAD/JPY

7

CHF/JPY

5

EUR/AUD

10

EUR/CAD

10

EUR/CHF

4

EUR/GBP

3

EUR/HUF

140

EUR/DKK

15

EUR/JPY

4

EUR/NOK

40

EUR/NZD

20

EUR/PLN

140

EUR/SEK

50

EUR/TRY

40

EUR/USD

3

GBP/AUD

15

GBP/CAD

15

GBP/CHF

8

GBP/JPY

8

GBP/NZD

25

GBP/USD

4

NZD/CHF

10

NZD/CAD

10

NZD/JPY

8

NZD/USD

5

USD/CAD

5

USD/CHF

4

USD/DKK

10

USD/HKD

7

USD/HUF

70

USD/JPY

3

USD/NOK

50

USD/PLN

45

USD/SGD

8

USD/SEK

50

USD/TRY

30

USD/ZAR

120

 

Payments

Deposits are accepted in USD, EUR, CHF,GBP and JPY.

IBCFX offers mini account with minimum deposit requirement of just $100. Once your trading account is open there is no minimum balance requirement beyond the margin rates for any positions held.

 Available deposit and withdrawal methods include Wire Transfer, Credit cards, Perfect Money.

 

Customer Support 

Broker’s representatives are available via phone chat, phone and email. The broker has listed the physical address in New Zealand.

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